The domestic equities market began the week in red, driven by profit-taking in BUACEMENT (-2.9%), GTCO (-0.5%), and ZENITH (-0.2%), as the All-Share Index declined 25bps to 38,864.33 points.…
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Stock Market
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At the penultimate session of the week, gains in GTCO (+1.3%), OANDO (+3.7%), and UBA (+0.7%) pulled the local bourse out of the red-zone as the…
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Today, sell-offs in financial services stocks – ACCESS (-3.4%), UCAP (-5.0%), and UBA (-0.6%) – further dragged the market as the All-Share Index slid 5bps to close at…
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FinanceNewsStock Market
Investors lost N17bn at stock market as improved sentiment fails to lift performance
At the close of trade, sell-offs in Banking stocks – ZENITH (-2.3%), GTCO (-0.7%), and ACCESS (-1.1%) – dragged the benchmark index southward as the NGX…
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Today, sell-pressure on REDSTARE (-3.2%), CUTIX (-3.1%), and SCOA (-9.4%) dragged the local bourse to the red zone as the NGX All-Share Index fell 10bps…
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Away from our expectation last week, the bulls took the market by the horn as investors hunted for bargains. Accordingly, the All-Share…
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Today, sell pressure on ETERNA (-9.4%), CUTIX (-2.0%), and WAPCO (-2.2%) drove the local bourse southward. Consequently, the NGX All-Share Index declined 15bps to close…
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FinanceNewsStock Market
Access Bank launches $500m Eurobond as MTNN buoys positive performance at stock market
Access Bank has announced on the floor of the Nigerian Stock market the successful launch of its $500 million senior unsecured Eurobond.…
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Today, the local bourse extended last week’s bearish run, due to sell pressure on ZENITH (-1.3%), WAPCO (-1.8%), and OANDO (-4.1%). Consequently, the…
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AXA Mansard Plc has notified the exchange and investing public of its share capital reconstruction from a nominal value of ₦0.50 per…
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FinanceNewsStock Market
Hero now holds 3% stake in Airtel as mixed sentiment drives muted stock performance
Airtel Africa Plc has notified the Nigerian exchange and the investing public of the acquisition of voting rights by Hero Inc. Limited (“Hero”),…
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Today, the local bourse sustained its bearish performance on the back of sell-offs in ZENITH (-1.0%), WEMABANK (-4.4%), and LIVESTOCK (-9.8%). Consequently, the…
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The first trade of the week resulted in a bearish performance as the benchmark index fell 40bps to 39,326.67 points due to…
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Eterna oil said at the floor of the Exchange that the acquisition of 794,969,774 (60.98%) equity stake by Preline Limited as part of…
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Today, trading activities on the domestic bourse edge lower by 3bps to close at 39,449.82 points, dragged by sell-offs in DANGSUGAR (-2.8%), GTCO (-0.7%),…